3235 Andrita Street, Los Angeles, CA 90065
- $2,800,000
- $247
- $2,800,000
- $247
Description
Listed for sale for the first time in 45 years, the property offers a new investor an excellent opportunity to add value by recapturing the approximately 49% rent upside. The current owner has already completed all seismic retrofit repairs, benefitting a new investor by bringing the property into compliance and saving them from an otherwise costly capital expense. Situated near the intersection of Fletcher Drive and San Fernando Road, the building allows tenants convenient access to nearby Los Feliz, Glendale, Mount Washington, and Highland Park. The high-end Americana at Brand shopping center and the recent revitalized Glendale Galleria are both within two miles, as are Griffith Park and Occidental College. The multi-million dollar North Atwater East Bank Riverway Project, which would provide a 2.2-mile pathway and connect to the Los Angeles River bike path, is just west of the property.
Address
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Address: 3235 Andrita Street
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City: Los Angeles
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State/county: CA
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Zip/Postal Code: 90065
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Area: 623 - Glassel Park
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Country: United States
Details
Updated on September 9, 2024 at 6:12 pm-
Property ID SGR-33704998
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Price $2,800,000
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Property Size 11329.00 m²
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Land Area 10945.00 m²
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Bedrooms 20
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Bathrooms 19
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Year Built 1965
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Property Type Residential Income
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Property Status For Sale
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Living Area 11329.00
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MLS# 24421279
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Office Name MARCUS & MILLICHAP
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Agent Name Roderick 'Rick' Raymundo
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MLS Status Active
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Living Area Prefix Sqft
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Co-Office Name Marcus & Millichap RE Invest
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Co-Agent Name Tyler Leeson
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Agent State License 01357019
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Co-Agent State License 01451551
Additional details
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County Los Angeles
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Parking 12.00
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